Progress in Kachi and Conference in Catamarca
Brisbane, June 9, 2017 AEST (ABN Newswire) - Argentinean focused lithium exploration company Lake Resources N.L. (
ASX:LKE), ("Lake" or "LKE") and its Argentine subsidiary has presented details of progress at the Kachi Lithium Brine Project at the "Lithium in South America" conference in Catamarca, along with the other presenters including the world's largest lithium producers.
Lake reported earlier that over 90% of the leases at the Kachi Project had been granted for exploration. On receipt of legal confirmation, this triggered the release of shares and options for vendor consideration under Tranche 2 Performance Shares and "C" class options under the terms agreed by shareholders on 4 Oct 2016 as set out in the Notice of Meeting of 1 Sept 2016.
About Lake Resources NL
Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising state-of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina among three other projects covering 220,000 ha.
This ion exchange extraction technology delivers a solution for two rising demands - high purity battery materials to avoid performance issues, and more sustainable, responsibly sourced materials with low carbon footprint and significant ESG benefits.
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